But we are in a relative market. I can very easily argue STX is undervalued. So it is not correct that WGO is undervalued at these take over prices. The price is up compared to 2 weeks ago by about 50 per cent.
The issue is WGO bad management,
The issue is everyone is down on carbon producing companies
The issue is government distortion.
It is not the bidders. the bidders are offering 50% more than 2 weeks ago woo hoo
WGO Price at posting:
21.5¢ Sentiment: None Disclosure: Not Held